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DEGEN Inscriptions Airdrop

PreviousHow to place ordersNextForex

Last updated 1 year ago

APX Finance is introducing a new Inscriptions airdrop titled β€˜DEGEN’ for liquidated traders to receive and enjoy.

The APX DEGEN Inscriptions collection is accessible to all liquidated traders on APX V2 and APX’s SDK partner platforms. After liquidation, qualified traders will receive an inscription to their BSC address, no matter the chain in which the position was liquidated. DEGEN can be traded on inscription marketplace and launchpad .

Details:

  • Total mints: 21,000,000

  • Standard: BRC-20

  • Requirement to receive DEGEN: Liquidation Amount/DEGEN value of at least 1

  • How to receive DEGEN: A few minutes after liquidation, traders will automatically receive a DEGEN inscription airdrop in their BSC wallet

Traders will be able to track the number of inscriptions that have been airdropped and their DEGEN value on the APX V2 platform.

Mint ratio :

1 DEGEN= 1000 + minted DEGEN / total DEGEN * 9000

e.g. 1 DEGEN = 1000 + 1,676,000/21,000,000*9000

= 1718.29

The current mint rate is dynamic. 1 Degen is equivalent to the value of the liquidation size. Traders will need to have a liquidation size greater than 1 Degen in order to fulfil the airdrop criteria.

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